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20121201
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Search Results 0 to 11 of about 12 (some duplicates have been removed)
the old people in america, get serious. if humor will do that, i think that's great. nobody has any humor in washington. there ain't none left. >> schieffer: mr. bowles, what are you saying to your party about the need for entitlement reform? that's where the resistance is coming from. it's coming from the democrates, not republicans. >> absolutely, bob. i love alan. he's an american treasure. but, look, even if you raise the top rates back to the clinton rates, that only creates about $400 billion over 10 years. that's $40 billion a year. we have a tron dollar a year deficit. that aloneuent solve the problem. we have to cut spending. health care in this country, we spend twice as much on health care as any other developed nation, and that's whether it's percent of g.d.p. or on a per-capita base. we have to slow the growth of health care to the rate of the economy. the president put $350 billion worth of cuts on the table. that's not enough. we're going to have to do more. we may not like it. you know, we may wish we didn't. we simply made promises we can't keep. we've got to face up to i
on america's credit, the savings of americans, the investments of americans be held00 to the political agenda of a group of people in congress over time. as you saw last august, that was very damaging to the american people. it's not the responsible way it govern. >> schieffer: are you betting eventually the republicans will cave on the taxes? >> there's no-- there's no path to an agreement that does not involve republicans acknowledging that rates have to go up for the wealthiest americans. >> schieffer: you're saying you can't do it just by eliminating deductions and other-- >> very good question. you know, we've taken a careful look at this, and we think we should limit deduction but if you look carefully at how to do this, there is no way to raise a meaningful amount of revenue, relative to the sights of our fiscal challenges, by just limiting deductions for wealthy americans. there's just not enough room there. you can raise a the lo of money if you're prepared to raise taxes significant she on middle class families by eliminatey deductions, but we don't think that is the way. >> schieff
america-- tax rates will go up >> because the bush tax cuts expire. >> because the bush-era tax cuts expire and everybody's tax rates go up. and then we have a boat load of spending cuts. as part of various deals we have a big cut to defense budget, nondefense. add up it it's 4.5% of the nation's g.d.p. that jus evaporates. >> schieffer: what do you, will happen? >> i didn't believe we would get as close to the wire. i sit in exphurk and look from the mark's perspective. i think there were great hopes that we would do better than we have so far. i am worried we will go over the fiscal cliff, in part to have a reset. if we any over, republicans could start talking about cutting taxes on the middle class, as opposed to keeping them up on the rich. and the democrats will could potentially get a better deal. we can see this has happened in europe. when you have this kind of brinksmanship over and over and over again, and you go back and forth, markets start to get very burden they've been very volatile. and i think businesses have been holding back on investments. you can see big capital
foundation may be enlarging its focus. heritage fund for america, which is a political arm of a think tank. now, that hasn't been there before. the center for american politics on left has both, a think tank and a political arm. now heritage is beefing up the political side of its think tankery. that seems a structural difference in washington, one that makes conservatism not just about ideas and the conaccept the of thinking about government but putting a political agitating force beside it. it may not be good for the conservative movement but it is a change. >>ic it's sad. i remember heritage is where obamacare came from. the idea of an individual mandate came from student butler from the merge heritage foundation. we're at the moment where interesting thinking is happening among younger conservativees, on a lot of the social issues bedelving us, like health care. i don't know that jim demint is all that interested in that kind of stuff. >> schieffer: what about, norah, the republican party in general? where does it go from here? it got beat when all the indicators suggested they should
owner. in large parts of america, the gun is a way of life. the left wants to take the hunting rifle your uncle tommy gave you and you were 14. once we establish there is a constitutional right to bear arms, we should have the right to admit that no amendment is absolute. after all, the first amendment has limitations. you can't falsely scream "fire" in a crowded theater. we have limits on libel and pornography. well the kinds of things like the brady law, assault weapons ban, limitations to clips, making sure mentally unstable people don't get guns, do not interfere with the fundamental right, but at the same time make us safer. every amendment should have some balance and some limitation. and if together we can come to the middle on that, maybe we can make some real progress instead of each side being off in their corner, one side saying ban guns, get rid of guns, and the other side saying don't you touch anything about guns. >> schieffer: what should the president do? >> well, the president ha strong on this issue. during the 2012 campaign he didn't shy away from his positions. i'
to two very basic issues-- one is what percentage of the wealthiest people in america will pay a higher tax eat. and secondly, how many of the richest americans who pass away should be spared paying extra for estate taxes. from the republican side, those remain their highest priorities -- protecting object highest income individuals from tax increases and protect up to 6,000 estates a year from pagan additional $1 million. that's what this is about. we see it differently. what's at stake as far as we're concerned are 98% of the american families, working families and middle-income families with shouldn't see their taxes go up on january 1. that's our highest priority. als the president added, the two million who would lose unemployment benefits immediately if we don't act to change that between now and the deadline. >> o'donnell: so you say there's a chasm. you don't think there will be a deal today? >> i won't go that far. i have been around washington long enough to know it takes a deadline, it takes a lot of get a lot of worry when people reach a point and say, "reporter, let's find
,000 deaths, gun-related deaths a year in america. no single law is going to stop all of those. but if we can cut it in half, or cut it by 20%, or even cut it by a tenth, that's still thousands of lives. and maybe we wouldn't have some of those horrible images as we see right now, these children being buried. >> schieffer: i think we reestablished communications with texas. senator hutch son, you were talking about you do suggest, at least schools being able to put police in schools if they think it's needed. but how about some of these other things? what about this idea of a ban on assault weapons? what about, as senator warn ser talking about, restricting the sales of these magazines that have 30 rounds in a clip? how do you feel about that? >> you know, i think we ought to be looking at where the real danger is, like those large clips. i think that does need to be looked at. we do have a ban on assault weapons, as was stated earlier. but it's the semiautomatic, and those large magazines that can be fired off very quickly. you do have to pull the trigger each time, but it's very quick. i th
Search Results 0 to 11 of about 12 (some duplicates have been removed)